BALLENTINE

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the MORGAN (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228565District 10Field 628632502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
May 2007 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1994-11-21
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1994-11-21.

The Commission's schedule remark for this field reads: O/G/D # 10-0212088-MADE TEMP. RULES PERMANENT EFF. 6/11/96.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-12-16195899
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition305 bbl$31,492
GasProduction235,433 Mcf$1,433,337
Total$1,464,828

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 36.3160, -100.0255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31605, -100.02546 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,000 ft
1 wells filed one
Completion to plug
11.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,000 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29533092179410,000 ftMay 2007Jun 2018Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (134)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

134 months

Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201606146.193.09$189
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201605841.622.92$170
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016071726.472.06$1,480
Jan 2016083227.352.36$1,967
Dec 2015076632.362.00$1,533
Nov 2015076738.792.17$1,662
Oct 2015084243.552.43$2,043
Sep 2015083942.992.76$2,314
Aug 2015086940.162.87$2,496
Jul 2015054148.152.95$1,593
Jun 2015078456.152.88$2,260
May 2015084055.212.96$2,483
Apr 2015097849.822.71$2,647
Mar 201501,13942.892.93$3,343
Feb 2015066044.662.98$1,964
Jan 2015070343.433.10$2,180
Dec 2014046954.693.59$1,684
Nov 2014088270.464.25$3,750
Oct 2014099478.303.90$3,878
Sep 2014080286.164.05$3,244
Aug 2014096589.394.04$3,894
Jul 2014073896.564.18$3,085
Jun 2014035098.164.74$1,658
May 2014036494.734.73$1,720
Apr 2014066395.944.81$3,188
Mar 2014070795.895.06$3,575
Feb 2014076797.406.19$4,749
Jan 2014085690.404.86$4,161
Dec 2013077191.824.35$3,357
Nov 201301,01988.853.74$3,809
Oct 201301,01497.423.78$3,832
Sep 201301,133104.113.72$4,212
Aug 201301,003104.253.52$3,533
Jul 201301,135102.523.72$4,220
Jun 2013098594.403.93$3,874
May 2013081394.834.15$3,373
Apr 201301,01293.964.28$4,334
Mar 201312950893.623.91$14,065
Feb 2013059691.233.42$2,038
Jan 2013095491.603.42$3,263
Dec 201201,00186.773.42$3,424
Nov 201201,00186.953.62$3,629
Oct 201201,12189.383.40$3,811
Sep 201201,04094.672.92$3,035
Aug 201201,15592.662.91$3,359
Jul 201201,07885.133.02$3,256
Jun 2012086079.822.52$2,166
May 201201,31891.612.49$3,280
Apr 201201,063101.652.00$2,123
Mar 20120931105.052.22$2,069
Feb 20120667101.102.57$1,714
Jan 201201,00698.092.73$2,750
Dec 201101,10296.873.24$3,570
Nov 201101,18195.723.31$3,911
Oct 201101,07784.983.65$3,929
Sep 201101,63283.623.99$6,505
Aug 201101,21983.404.15$5,058
Jul 201101,35094.144.52$6,098
Jun 201101,35592.904.64$6,287
May 201101,50698.134.40$6,634
Apr 201101,418105.964.33$6,145
Mar 201101,64796.364.06$6,682
Feb 201101,24785.644.18$5,212
Jan 201101,08686.504.59$4,983
Dec 2010094685.734.35$4,113
Nov 2010098780.843.80$3,746
Oct 201001,68678.103.51$5,916
Sep 201001,70672.633.98$6,789
Aug 201001,41973.684.42$6,271
Jul 201001,75772.554.74$8,322
Jun 201001,23670.364.91$6,069
May 201001,57871.124.24$6,683
Apr 201001,21181.694.12$4,993
Mar 201002,51078.394.39$11,016
Feb 2010038173.585.44$2,074
Jan 2010092274.365.96$5,499
Dec 200901,64171.445.48$8,999
Nov 200902,06274.593.75$7,736
Oct 200902,24972.544.11$9,244
Sep 200902,09265.543.06$6,411
Aug 200902,37767.423.22$7,650
Jul 200901,96961.133.46$6,822
Jun 200902,13166.163.90$8,300
May 200902,70954.743.93$10,635
Apr 200902,55746.773.59$9,173
Mar 200902,97342.144.06$12,067
Feb 200902,90732.814.63$13,468
Jan 200902,57735.865.37$13,841
Dec 200803,31137.105.98$19,790
Nov 200803,16255.496.86$21,692
Oct 200803,66175.246.92$25,341
Sep 200803,046101.767.88$23,994
Aug 200802,914114.228.48$24,720
Jul 200804,103131.0811.39$46,731
Jun 200804,836131.3313.03$63,026
May 200805,316123.1711.57$61,529
Apr 20081765,670110.3110.45$78,694
Mar 200806,117101.909.66$59,115
Feb 200805,59892.538.77$49,098
Jan 200806,54490.388.21$53,698
Dec 200708,10688.337.30$59,190
Nov 200709,11891.677.29$66,486
Oct 2007010,60482.856.92$73,401
Sep 2007011,50075.846.24$71,808
Aug 2007012,28169.066.39$78,450
Jul 2007014,24270.906.39$90,977
Jun 2007011,76462.007.55$88,800
May 20070058.747.85$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Oct 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.19 =         $0
Gas                   61 Mcf  × $  3.09 =       $189

────────────────────────────────────────────────────
Month total                                     $189

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/228565 is the state's own key, not one this site invented.